, 4 tweets, 2 min read Read on Twitter
Oh boy. Here are the facts:
First, there are multiple reports that Amazon is using the data it collects to copy successful goods sold by small businesses on the Amazon Marketplace and sell its own branded version. bloomberg.com/news/articles/…
Second, Amazon's private label products are projected to reach $25 billion in online sales by 2022. An analyst said huge private label sales would give Amazon "a strong...competitive advantage": pymnts.com/amazon/2018/pr…
Finally, I said that Amazon was about 49% of all online retail sales. And yes, you are. What an odd thing to deliberately misconstrue. techcrunch.com/2018/07/13/ama…
When Amazon can tilt the online marketplace in its own favor, small businesses see an immediate impact in their profits. That can be absolutely crushing, it's not fair, and I’m fighting to end that. wsj.com/articles/SB100…
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